Fundamentally it appears their is still more room for 
MU to drop.
Micron Technology's FQ2 2016 Guidance (Non GAAP) is a loss of -0.12 to -0.05 per share. Much worse than expected.
Gartner forecasts an oversupply in DRAM in 2016.
MU to drop.Micron Technology's FQ2 2016 Guidance (Non GAAP) is a loss of -0.12 to -0.05 per share. Much worse than expected.
Gartner forecasts an oversupply in DRAM in 2016.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.